1406 W 75th St, Cleveland, OH 44102
The William
Cleveland, OH
Offering Summary
- Address: 1406 W 75th St
- City, State, Zip Cleveland, OH 44102
- Units: 8
- Year Built: 1900
- Average Unit Size: +/- 750
- Average In-Place Rent (/SF) $1,102 ($1.47/SF)
- Occupancy: 100%
Investment Highlights
• Highly renovated, cash-flowing apartment community located in one of Cleveland’s most sought-after neighborhoods - Gordon Square Arts District
• Over $400,000 invested into the property over the last 7 years
• All two bedrooms units featuring in-suite laundry, luxury finishes, and spacious floorplans
• Strong historical occupancy averaging high 90s to 100 percent
• Current rents are $200+ below direct competitors and $1,500+ below new construction
• Located in the highly desirable and trendy Gordon Square Arts District featuring 6 theaters, 20+ bars & restaurants, 80+ businesses, and 5 newly developed apartment communities
• Within 10 minutes of Ohio City, Tremont, and Downtown Cleveland
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Team
Michael Barron
Daniel Burkons
Joshua Wintermute
Charles Gagliano
William Koontz
Luke Hadley
Mitchell Coon
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